Riyadh Development Company is planning to launch a number of projects in and out of Qasr Al-Hakam neighborhood in the heart of Riyadh. According to Al-Watan newspaper, the company will construct and develop several commercial and residential complexes, in addition to buildings for services, educational and health sectors.
Riyadh Development Company will also develop three neighborhoods in Qasr Al-Hakam region. Riyadh Development, a privately owned company, was established in 1994 by one billion Saudi riyals capital, divided into 20 million stocks, with the per stock book value amounting to SR50. ¯ (Albawaba-MEBG)
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